Julius Berger Nigeria Plc · NSENG:JBERGER
Julius Berger Nigeria — Julius Berger 2025 Investors Forum
42 slides from Julius Berger Nigeria's conference presentation, Jun 24, 2025
Slide 1: Julius Berger 2025 Investors Forum
JULIUS BERGER 2025 INVESTORS FORUM
Slide 2: Speakers
Speakers Engr. Dr. Peer Lubasch Managing Director 20+ years of professional experience in the construction industry with 16 of them within Julius Berger Nigeria Plc. Dr. Lubasch has led major construction and strategic operations across multiple regions. He holds a Doctorate Degree in Civil Engineer
Slide 3: Table of Contents
Table of Contents 5 Overview of Julius Berger Nigeria Plc 25 Governance & Sustainability 34 Financial Review 39 Outlook 3
Slide 4: Driving momentum through resilience, governance, growth & sustainability
Driving momentum through resilience governance, growth & sustainability Subsidiary Growth & Independence Empower subsidiaries to scale operations, operate Sound & Robust Governance independently, and reduce reliance on the parent company Underscoring a commitment to transparency, accountability, and
Slide 5: Overview of Julius Berger Nigeria Plc
Overview of Julius Berger Nigeria Plc 5
Slide 6: Our corporate profile
Our corporate profile Our Vision Key Milestones and Notable Facts Limitless prosperity for company, community, Stable, strong and experienced 60 years leadership in Completed over 750 projects and country Management Team the construction industry Our Values Renowned for world-class quality Nationwid
Slide 7: Shareholding structure
Shareholding structure (Date as at March 31 2025) Other Individual and Neptune Hill Ibile Holdings Ltd Watertown Energy Ltd Goldstone Estate Ltd Institutional Shareholders Company Ltd 44.63% 5.50% 10.00% 19.87% 20.00% 7
Slide 8: Navigating economic headwinds in the construction sector
Navigating economic headwinds in the construction sector… ❑ Nigeria’s macroeconomic environment has remained challenging, marked by high inflation and exchange rate volatility ❑ Prices of core materials have surged, putting pressure on project budgets, timelines, and margins. Cost overruns have beco
Slide 9: Nonetheless we see growth opportunities
…Nonetheless we see growth opportunities GDP Growth Headline Inflation Rate Monetary Policy Rate (%) 30 4% 39% 25 3% 34% 20 2% 29% 15 1% 24% 10 0% 19% 5 2017 2018 2019 2020 2021 2022 2023 2024 -1% 14% 0 -2% -3% Exchange Rate (N/US$) Crude Oil Prices (US$/bbl.) External Reserves ($’ Billion) 95 1800
Slide 10: Delivering value in a volatile market context FY 2024 highlights
Delivering value in a volatile market context FY 2024 highlights Financial Operational Sustainability ❑ Group revenue up by 27.8% to ❑ Expanded into Benin Republic. ❑ ESG initiatives aligned with ₦566.7 billion international sustainability ❑ Delivered major infrastructure frameworks. ❑ Profit Before
Slide 11: Integrating strength, diversification, and innovation for long-term growth
Integrating strength, diversification, and innovation for long-term growth Diversification Sector Regional Core Business Civil Building Services Subsidiaries Products and Services 11
Slide 12: Delivering value through four operational segments
Delivering value through four operational segments 1 Civil Engineering, construction, and maintenance across a broad spectrum of infrastructure projects — from ports and airports to industry plants, bridges, and road networks 2 Building Realization and maintenance of private and public buildings — i
Slide 13: Strategic advantages that power our execution and segmental delivery
Strategic advantages that power our execution and segmental delivery Our Civil segment utilizes advanced equipment and Our Building segment is driven by highly trained teams digital tools to drive construction precision committed to quality and safety on every project 13
Slide 14: Strategic advantages that power our execution and segmental delivery
Strategic advantages that power our execution and segmental delivery Our Services segment provides comprehensive Our Diversification segment includes construction solutions that minimise project downtime and maximise productivity activities across West African markets 14
Slide 15: International projects in Republic of Benin
Expanding beyond borders: International projects in Republic of Benin In 2024, Julius Berger secured its second international contract, a road rehabilitation and bridge construction project in the Republic of Benin. This continues our West African expansion and reinforces our strategy to build regio
Slide 16: Bodo-Bonny Road
Bodo-Bonny Road: We are delivering transformative infrastructure, improving mobility, unlocking economic potential The Bodo-Bonny Road is a flagship project under Nigeria’s public-private partnership initiative, co-funded by the Federal Government and Nigeria LNG. It reflects Julius Berger’s ability
Slide 17: Opebi-Mende Link Bridge
Opebi-Mende Link Bridge: Enhancing urban mobility, reducing congestion We are constructing the Opebi-Mende Link Bridge to alleviate traffic congestion and improve connectivity between major parts of Lagos. Designed as a critical bypass linking Opebi to the bustling Mende-Maryland axis. 17
Slide 18: Urban regeneration in the South-East: Aba
Urban regeneration in the South-East: Revitalizing key mobility infrastructure in Aba We are delivering the full reconstruction of the resilient 6.8km Port Harcourt Road in Aba, Abia State. This project marks a strategic expansion of our footprint, enhancing intra-city mobility, boosting logistics e
Slide 19: Urban mobility project in Warri-Effurun, Delta State
Breaking new ground in the South-East: Urban mobility project in Warri-Effurun, Delta State This ambitious project aims to ease congestion across the Effurun-Warri metropolis, improve intra-city movement, and unlock broader economic activity in the region. It marks a strategic milestone in the Compa
Slide 20: Port Harcourt Ring Road
Reimagining urban expansion: Port Harcourt Ring Road as a catalyst for inclusive growth The Port Harcourt Ring Road is one of Julius Berger’s most transformative urban infrastructure undertakings in Rivers State. Designed to connect key growth corridors and ease inner-city congestion, the project wi
Slide 21: Office complex in Abuja for NUPRC
Our building works: Development of iconic office complex in Abuja for the Nigerian Upstream Petroleum Regulatory Commission This iconic structure sits on an 8,020m² plot, with a gross floor area of 48,400m² and a maximum building height of 60m. Strategically located at the heart of the capital, the
Slide 22: Bola Ahmed Tinubu International Conference Centre, Abuja
Our building works: Bola Ahmed Tinubu International Conference Centre, Abuja We transformed the centre into a world-class facility featuring versatile event spaces to support high-profile events and international conferences. It features cutting-edge auditoriums, flexible meeting and exhibition spac
Slide 23: Unlocking value through our subsidiaries
Unlocking value through our subsidiaries: driving diversification, innovation, and growth Provided strategic Continued to strengthen port Delivered critical design and In 2024, our aluminium and engineering, procurement, operations at Warri Port engineering solutions on over glass specialist complet
Slide 24: Reinforcing our core business and regional diversification
Reinforcing our core business, refining diversification, and translating local strength into regional scale… Core Business Regional Diversification Expansion: Focus: Strengthening the Core Focus: West Africa In 2024, Julius Berger intensified efforts to strengthen With two projects secured and opera
Slide 25: Governance & sustainability
Governance & sustainability 25
Slide 26: Evolving leadership, strengthening strategy
Evolving leadership, strengthening strategy In 2024 and early 2025, Julius Berger evolved its board structure to align with its long-term strategy and governance vision. These developments reflect a thoughtful succession planning process, renewed focus on board effectiveness, and a commitment to dee
Slide 27: Sound board and governance framework
Sound board and governance framework driving accountability and transparency Engr. Goni Sheikh Mr. George Marks Engr. Dr. Peer Lubasch Chairman Vice Chairman Managing Director 35+ years of cognate, international 30+ years professional career 20+ years experience in leadership roles. experience in Mi
Slide 28: Sound board and governance framework
Sound board and governance framework driving accountability and transparency Mrs. Gladys Talabi Mrs. Belinda Disu Dr Muhammadu Indimi Non-Executive Director Non-Executive Director Non-Executive Director 30+ years experience in the Legal 15+ years experience Chairman, He is an entrepreneur and profes
Slide 29: Driving performance through diversity & competence
Driving performance through diversity & competence Directors Diversity Education & Skillset Number of Directors Directors from Nigeria & Germany Board of 12 directors with a strong mix of 12 engineering, finance, legal, and entrepreneurial skills 75% 25% The Board comprises accomplished Average age
Slide 30: Our sustainability framework is aligned with global standards
Building tomorrow: our sustainability framework is aligned with global standards The UN Global Compact (UNGC), a Ongoing alignment of our reporting The Nigerian Exchange (NGX) commitment to social responsibility and practices to Internationally recognised Sustainability Disclosure Guidelines, enviro
Slide 31: Sustainability remains central to our operations
Sustainability remains central to our operations Governance & Approach ❑ We reinforced our focus on clean energy, responsible construction, empowered communities, workforce development, and transparent governance ❑ Our internal systems helped us manage risks proactively, engage stakeholders effectiv
Slide 32: Our operations create stakeholder value
Our operations strongly impact society positively and create stakeholder value Corporate Social Responsibility We strengthened our ESG reporting practices in 2024 with a comprehensive report aligned to GRI Standards and began the voluntary adoption process of the ISSB sustainability disclosure frame
Slide 33: Creating lasting impact through purposeful CSR impact
Creating lasting impact through purposeful CSR impact Education & Human Community Development & Philanthropy & Emergency Response Capital Development Inclusivity Social Welfare 33
Slide 34: Financial review
Financial review 34
Slide 35: Healthy topline growth amid margin pressures
Healthy topline growth amid margin pressures Revenue (N’bn) Revenue Split (N’bn) Revenue 1 4-yr CAGR (2020-2024): 23.2% 74 567 Revenue growth driven by the robust performance of the civil 441 443 15 22 works segment. 339 22 242 7 493 426 421 Operating Profit 2 317 235 Reduction in operating profit m
Slide 36: Robust equity growth and strengthened balance sheet
Robust equity growth and strengthened balance sheet driven by strong earnings and cash generation Total Assets (N’bn) Total Equity (N’bn) 1023.0 345.8 Financial Position 686.9 ❑ Asset base surpassed the ₦1 trillion mark backed by 477.2 506.3 increased business 328.9 106.5 performance and strategic 5
Slide 37: Strengthened capital structure and improved interest coverage
Strengthened capital structure coupled with a lower funding costs, and improved interest coverage to double digits Funding Mix Interest Coverage Ratio 10.0 ▪ Interest coverage 14% 11% 11% 16% 34% ratios have improved 8% 4% 1% 7.0 1% significantly 6.1 5.0 thus providing 0.4% adequate buffer for 2.5 i
Slide 38: Healthy shareholder returns with historically high dividend per share
Healthy shareholder returns with historically high dividend per share Total Dividends (N’bn) Dividend Per Share (N) 3.25 5.20 3.00 4.80 2.50 2.50 4.00 4.00 0.66 0.40 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Share Price (N) Total Shareholder Return 263.1% 155.25 82.5% 43.00 22.35 24.50 37.3%
Slide 39: Roadmap to 2025 and beyond
Roadmap age to 2025 and _ beyond 7:4
Slide 40: Julius Berger remains a compelling investment proposition
Julius Berger remains a compelling investment proposition Strong Corporate Diversified Portfolio Governance Structure Decent split of revenue across private and Enhanced sustainability and strong public sector contracts with a well-defined corporate governance framework with a diversification strate
Slide 41: Thank you
Thank you
Slide 42: Investor Relations
Investor Relations Julius Berger Nigeria PLC Facebook.com/JuliusBergerNigeria Julius Berger Nigeria (julius-berger.com) Audited Consolidated and Separate Financial Statements For The Year Ended 31 December 2024 Kindly send any further questions to: jbn.shareholders@julius-berger.com 42
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